Tech Ventures SIAActive

40203507050Limited liability companyFounded 2023

Key figures

491 500 €+3995,8%
Revenue 2025
+3995,8%
Average annual growth 2024–2025
0200 k400 k600 k20242025

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
050 k100 k20242025
Summary of financial statements2024–2025
20242025
Balance sheet — assets
Total current assets314861 496
Total non-current assets431322 316
Total assets746183 812
Balance sheet — liabilities and equity
Current liabilities11 51653 479
Non-current liabilities00
Total liabilities11 51653 479
Share capital——
Retained earnings of previous periods——
Profit for the year-685534 388
Total equity-405530 333
Income statement
Sales revenue12 000491 500
Operating profit-685536 051
Profit before income tax-685536 051
Profit for the reporting year-685534 388
Labour costs——
Depreciation of non-current assets——
Other indicators
Employees48
Calculated dividend—0

A dash (—) means the report has not been filed or the line is not reported; 0 is a zero stated in the report.

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100%Tech Ventures SIATech Ventures Nordic …5Medinieks Mārtiņš
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Summary: Tech Ventures SIA

Overview

Tech Ventures SIA (reg. no. 40203507050) is a limited liability company. The company was registered in 2023 and has been in the register for 3 years. Registered address: Rīga, Duntes iela 28 - 90.

Financial results

Revenue in 2025 was 491 500 €, up 3996% on the previous year (12 000 €). Net profit for 2025 was 34 388 € (7,0% of revenue). In 2025 the company had 8 employees (4 a year earlier). Revenue per employee was 61 438 €. At the end of 2025, total assets were 83 812 € and equity 30 333 € (36,2% of assets).

Management and owners

The company has one board member. The sole owner of the company is Tech Ventures Nordic AB.

Data sources and freshness

Register data (name, address, legal form, board and owners) and annual report figures come from the open data of the Register of Enterprises of the Republic of Latvia (CC0); entity.lv updates them daily. Data as of 03.11.2026. Changes, averages and ratios are calculated by entity.lv from open data and are not an official assessment.